Tevogen Net Invested Capital vs Common Stock Shares Outstanding Analysis

TVGNW Stock   0.06  0.0001  0.18%   
Tevogen Bio financial indicator trend analysis is much more than just breaking down Tevogen Bio Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tevogen Bio Holdings is a good investment. Please check the relationship between Tevogen Bio Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tevogen Bio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Common Stock Shares Outstanding

Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tevogen Bio Holdings Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tevogen Bio's Net Invested Capital and Common Stock Shares Outstanding is -0.13. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Tevogen Bio Holdings, assuming nothing else is changed. The correlation between historical values of Tevogen Bio's Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Tevogen Bio Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Tevogen Bio's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Tevogen Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tevogen Bio Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tevogen Bio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Tevogen Bio's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to about 10.2 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
 2010 2022 2023 2024 (projected)
Reconciled Depreciation9.4K230.8K265.4K278.7K
Total Operating Expenses4.6M953.1K2.3M2.1M

Tevogen Bio fundamental ratios Correlations

0.52-0.7-0.161.00.740.770.9-0.26-0.561.00.560.53-0.56-0.07-0.550.8-0.56-0.631.00.6-0.571.0-0.431.0-0.07
0.520.25-0.930.5-0.180.950.79-0.860.420.5-0.41-0.410.42-0.860.420.930.410.320.57-0.320.40.50.550.5-0.85
-0.70.25-0.59-0.72-1.0-0.07-0.36-0.430.98-0.72-0.99-0.940.98-0.650.98-0.120.990.99-0.65-0.950.99-0.720.95-0.72-0.64
-0.16-0.93-0.59-0.140.54-0.76-0.520.87-0.73-0.140.720.69-0.730.96-0.73-0.73-0.72-0.65-0.220.63-0.72-0.14-0.82-0.140.94
1.00.5-0.72-0.140.760.750.89-0.24-0.581.00.580.55-0.58-0.04-0.570.78-0.58-0.651.00.62-0.591.0-0.451.0-0.04
0.74-0.18-1.00.540.760.140.420.39-0.970.760.970.93-0.970.61-0.970.18-0.97-0.980.70.95-0.970.76-0.920.760.6
0.770.95-0.07-0.760.750.140.93-0.750.110.75-0.1-0.110.11-0.670.121.00.10.010.8-0.020.090.750.260.75-0.66
0.90.79-0.36-0.520.890.420.93-0.45-0.190.890.20.24-0.19-0.37-0.180.94-0.2-0.250.920.33-0.20.89-0.050.89-0.34
-0.26-0.86-0.430.87-0.240.39-0.75-0.45-0.56-0.240.560.67-0.560.95-0.55-0.73-0.56-0.42-0.310.61-0.55-0.24-0.66-0.240.96
-0.560.420.98-0.73-0.58-0.970.11-0.19-0.56-0.58-1.0-0.961.0-0.771.00.061.00.99-0.51-0.951.0-0.580.99-0.58-0.75
1.00.5-0.72-0.141.00.760.750.89-0.24-0.580.580.55-0.58-0.04-0.570.78-0.58-0.651.00.62-0.591.0-0.451.0-0.04
0.56-0.41-0.990.720.580.97-0.10.20.56-1.00.580.96-1.00.76-1.0-0.05-1.0-0.990.510.95-1.00.59-0.990.590.75
0.53-0.41-0.940.690.550.93-0.110.240.67-0.960.550.96-0.960.81-0.95-0.07-0.96-0.90.481.0-0.960.55-0.950.550.81
-0.560.420.98-0.73-0.58-0.970.11-0.19-0.561.0-0.58-1.0-0.96-0.771.00.061.00.99-0.51-0.951.0-0.580.99-0.58-0.75
-0.07-0.86-0.650.96-0.040.61-0.67-0.370.95-0.77-0.040.760.81-0.77-0.76-0.64-0.76-0.66-0.130.75-0.76-0.04-0.85-0.041.0
-0.550.420.98-0.73-0.57-0.970.12-0.18-0.551.0-0.57-1.0-0.951.0-0.760.071.00.99-0.5-0.941.0-0.570.99-0.57-0.75
0.80.93-0.12-0.730.780.181.00.94-0.730.060.78-0.05-0.070.06-0.640.070.05-0.040.830.020.050.780.210.78-0.63
-0.560.410.99-0.72-0.58-0.970.1-0.2-0.561.0-0.58-1.0-0.961.0-0.761.00.050.99-0.51-0.951.0-0.590.99-0.59-0.75
-0.630.320.99-0.65-0.65-0.980.01-0.25-0.420.99-0.65-0.99-0.90.99-0.660.99-0.040.99-0.58-0.910.99-0.650.96-0.65-0.64
1.00.57-0.65-0.221.00.70.80.92-0.31-0.511.00.510.48-0.51-0.13-0.50.83-0.51-0.580.55-0.521.0-0.371.0-0.12
0.6-0.32-0.950.630.620.95-0.020.330.61-0.950.620.951.0-0.950.75-0.940.02-0.95-0.910.55-0.950.62-0.930.620.76
-0.570.40.99-0.72-0.59-0.970.09-0.2-0.551.0-0.59-1.0-0.961.0-0.761.00.051.00.99-0.52-0.95-0.590.99-0.59-0.75
1.00.5-0.72-0.141.00.760.750.89-0.24-0.581.00.590.55-0.58-0.04-0.570.78-0.59-0.651.00.62-0.59-0.451.0-0.04
-0.430.550.95-0.82-0.45-0.920.26-0.05-0.660.99-0.45-0.99-0.950.99-0.850.990.210.990.96-0.37-0.930.99-0.45-0.45-0.84
1.00.5-0.72-0.141.00.760.750.89-0.24-0.581.00.590.55-0.58-0.04-0.570.78-0.59-0.651.00.62-0.591.0-0.45-0.04
-0.07-0.85-0.640.94-0.040.6-0.66-0.340.96-0.75-0.040.750.81-0.751.0-0.75-0.63-0.75-0.64-0.120.76-0.75-0.04-0.84-0.04
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Tevogen Bio Account Relationship Matchups

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